Worth_The_Ri5k

Worth_The_Ri5k

Amazing example on Dow Inc. of a Trading Range following Wyckoff Distribution Schematic #2. ------------------------------------------------------------------ What is a Trading Range? ------------------------------------------------------------------ In an trading range there is a equilibrium of Sellers & Buyers causing price to move sideways but unknown to...

Worth_The_Ri5k Updated 

If Doge rejects here its a clear example of Redistribution.. Notice how well price respects the upper trading range. Only if DOGE gets back above 0.22 cents mark or so with STRONG buying volume can this bearish pattern be considered invalid. ---------------------------------------------------------------------------------- My redistribution is based on the...

Worth_The_Ri5k

Really simple concept here on ETH/USDT Chart with a classic Support & Resistance Flip. Below I will briefly explain these concepts and what this potentially means for Ethereum. ---------------- Orderblocks: ---------------- Orderblocks are small (usually square shaped) candlesticks that precede major market moves, market analysists mark these Orderblocks ...

Worth_The_Ri5k

Scenario A: Considering BTC is failing to get above the 0.618 fibonacci level located around 43700-43900 this may be a early warning sign that cheaper prices are coming, but there is still hope: In the top image the 0.618 is claimed as support quickly taking us to the next resistance area above, if further resistances were claimed this bearish idea would...

Worth_The_Ri5k Updated 

Quick #BTC Update: 1. We are clearly uptrending with a strong break of diagonal resistance 2. We are approaching the rejection level of the large Head & Shoulders pattern and if price stays above 49500 we could see a strong push to 55-57k which signifies failure of the previous pattern 3. We are moving upwards in a slanted trading range, while in this structure...

Worth_The_Ri5k

Looking for a bounce at $1.13 to start the push for the reclamation of trading range, if it fails will look for next signs of absorption for re entry at 0.84-0.90 cents.

Worth_The_Ri5k Updated 

------------------------------------------------------------------ What is Skycoin? ------------------------------------------------------------------ "Skycoin (SKY) is an open-source, community-owned, hardware-based peer-to-peer internet that leverages the incentive structure of the blockchain. Skycoin’s platform has been billed as 'completely secure,...

Worth_The_Ri5k Updated 

What is TOTAL2? The TOTAL2 Shows us the Total Market Capitilisation of Cryptocurrencies (TOTAL MARKET VALUE) the amount of money in crypto excluding Bitcoin basically. Investing and trading based on price alone is like seeing the tip of an iceberg in the vast ocean, analyzing the Market Cap of cryptocurrencies is a great way to gauge the strength of Altcoins...

Worth_The_Ri5k

Update on my last Wyckoff Post I have linked below, we are still floating above the Weekly Support (Green) area but underneath Tesla average buy price. Failure to stay above 35800 is a Sign of weakness for me in the short term. Also there's a clear Bear Flag structure there. This is my rough plan for now I am hedge short but looking for another sound long term...

Worth_The_Ri5k Updated 

Analyses of Trading Ranges (Stockcharts.com) "One objective of the Wyckoff method is to improve market timing when establishing a position in anticipation of a coming move where a favorable reward/risk ratio exists. Trading ranges (TRs) are places where the previous trend (up or down) has been halted and there is relative equilibrium between supply and demand....

Worth_The_Ri5k Updated 

Just a quick chart, as you can see the downtrend line from the previous Symmetrical Triangle is pretty important if price can find support above this area marked with a green tick its likely BTC Heads up to the marked Resistance area.

Worth_The_Ri5k Updated 

In this idea i will briefly describe 3 reasons why I believe Chainlink (LINK:BTC) has a high probability of increasing in value from here based on Technical Analysis. --------------------------------------------------- 1. Bull Flag Click the below image for a educational idea on the Bull Flag Pattern. Bull Flags are one of the most widely recognised and...

Worth_The_Ri5k Updated 

On this simple chart I have outlayed the 1 Month timeframe Support & Resistance levels, aswell as important Buy Events & News Events in Red & Green. Notice how we are currently resting on the average buy price of Teslas Bitcoin investment back in the start of the year. www.theguardian.com If we dont fall underneath this area I would say its a pretty good sign...

Worth_The_Ri5k Updated 

This prediction is based on the below Fractal from the Coronavirus Pandemic dump in March 2020.

Worth_The_Ri5k Updated 

This prediction is based on the below Fractal from April 2021

Worth_The_Ri5k

Bull Flags (Shorter Term) Currently on CAKE:BTC we have a Chart Pattern called a Bull Flag forming. Which I have explained below & in the above chart. • BEST ENTRY IS often when price fakes out under support or above resistance • MIN 2 Touches each side • PRICE MUST MOVE STRAIGHT UP or DOWN BEFOREHAND (or it is not a true flag pattern • HIGHEST SUCCESS RATE of...

Worth_The_Ri5k

"UFC®, the world’s premier mixed martial arts organization, and Chiliz, a leading blockchain provider for the sports and entertainment industries, have announced plans to launch a $UFC Fan Token on fan engagement and rewards mobile app Socios.com." medium.com ------------------------------------------ What is Chiliz? www.chiliz.com Chiliz is world’s leading...

Worth_The_Ri5k

In this educational idea I will explain the characteristics of a Curved Parabolic Trend using the chart of BNB:USDT (Binance Coin: US Dollar Token). ----------------------------------------------------------------------- What is a parabolic curve in a uptrend? The parabolic curve chart pattern is one of the strongest uptrend patterns a financial asset can...